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Let us ease the transition to retirement years

Brought to you by Diana Harrison, Financial Investment Team - FINANCIAL INSIDER -

Whether you are steps away from retiring, newly retired or well settled into your retirement years, it is never too late to do some tax-focused financial planning to maximize retirement spending and minimize payments to Uncle Sam.

During your working years, you most likely knew exactly where to draw money from each month to pay your bills because if you were like most of us, you used one logical choice - your checking account supported by your paychecks.

During retirement, however, when paychecks are a thing of the past, multiple sources of revenue can be involved: social security, an employer plan, Traditional IRA, ROTH IRA, non-qualified investment account and cash savings. Further complicating the issue, each type of account carries its own tax implications and can leave you wondering which one to use when you need money.

The combination of all these helped in one way or another to get you to your retirement date. Combined, they will all play an important role in supporting your lifestyle during your retired years. With some tax and financial planning, you can decipher the logistics of when and how to use each bucket of money.

A trusted professional can help you navigate your way from work to retirement and beyond in a tax-effective way – as well as encourage you to keep on track with the planning you have done so far.

If you would like an assessment of your portfolio and retirement plan, please contact me to set up an appointment at 503-906-5205 ext 5. or This email address is being protected from spambots. You need JavaScript enabled to view it..

Financial Investment Team

15350 SW Sequoia Pkwy

Ste. 150

Portland OR 97224

This email address is being protected from spambots. You need JavaScript enabled to view it.